Saturday, August 27, 2011

Anonymous plans occupation of Wall Street

September 17th could be an interesting day on Wall Street. Members of hacktivist collective Anonymous along with Culture Jammers and Adbusters under the umbrella group S17 plan an occupation of Wall Street to last months or more. The group asks supporters to do only one thing and that is to "bring tent".

"Simultaneous occupations of financial districts are now being planned in New York City, Madrid, Milan, London, Paris and San Francisco. With a bit of luck, this list of participating cities will grow," said Anonymous in an internet posting.

"If we can pull together just the right mix of nonviolence, tenacity and strategic smarts, S17 could be the beginning of the global revolution we've all been dreaming about for so long ... wouldn't that be lovely."

The group plans to occupy Wall Street for a lengthy period of time in a non violent demonstration against the corporatist policies of the government to the detriment of the people.

"The abuse of corporations, banks and governments ends here," it proclaims.

It remains to be seen what effect this demonstration will have on stock prices although it could hardly be bullish for stocks. I will be keeping an eye on this as further developments arise.